Niveus Investments is a focused investment entity holding three principal unlisted investments across a diversified range of sectors. Our intention is to focus on growing and fully developing the existing investments. Some of these are startups, turnarounds and some are businesses with a mature business model but have significant growth potential. We will also opportunistically pursue other investments with asymmetrical risk/reward profiles where we can leverage our management expertise and experience. No specific industries or business profiles are targeted.

The highest peaks of mountain ranges are snow white (Niveus). Through our investment philosophies we aim to achieve outcomes that will reach these pinnacles.

Executive

André van der Veen
Chief executive officer
CA(SA), CFA, ACMA
André joined HCI in 2004 following HCI's acquisition of Mettle. At HCI he was responsible for the acquisition, management and ultimate disposal of a number of investments which included Clover, Tylon, Johnson Crane Hire, Johnson Access, African Unity Insurance and Mettle. He served on the board of Tsogo from 2006 to 2012 and was a director of HCI group from 2006 to 2009. He is currently also the Chief executive officer of KWV Holdings Limited and the non-executive Chairman of HCI Coal which he started five years ago. He was appointed to the Niveus board in December 2011.

Muriel Loftie-Eaton
Financial director
CA(SA)
Muriel joined HCI in 2009 and served on various executive and audit and risk committees of HCI’s subsidiaries. She qualified as a chartered accountant at PriceWaterhouseCoopers and subsequently worked for Adato Capital Holdings Limited (previously Quince Capital Holdings) prior to joining HCI. She was appointed to the Niveus board in January 2012.

Non-Executive Directors

John Copelyn
B.A. (Hons) B.Proc.
John joined HCI as chief executive officer in 1997. Prior to this he was a Member of Parliament and general secretary of the Southern African Clothing and Textile Workers Union. He is chairman of Sabido Investments, Seardel Investment Corporation, Tsogo Sun Holdings and the HCI Foundation. He was appointed to the Niveus board in May 1998.

Yunis Shaik
B.Proc
Yunis is an attorney of the High Court and presently in private practice. He serves as an acting judge in the Labour Court. He is a former deputy general secretary of the Southern African Clothing and Textile Workers Union and a director of Workers’ College. He has served as a senior commissioner to the CCMA in KwaZulu Natal. He is a director of Tsogo Sun Holdings and Seardel Investment Corporation. He was appointed to the HCI Board as lead independent non-executive director of the HCI board. He was appointed to the Niveus board in January 2012.

Independent Non-Executive Directors

Moretlo Molefi
BSc, MB ChB
Moretlo is a businesswoman with interests in the health sector. Prior to this she was the director of the Telemedicine program at the Medical Research Council of SA; consultant for Aspen Pharmacare and chief operating officer of Safika Health. She currently serves as a board member of International Society for Telemedicine and eHealth and vice-president of SA Telemedicine Association. She was appointed to the Niveus board in January 2012.

Jabu Ngcobo
Jabu was the regional secretary for Africa of the International Textile Garment and Leather Workers Federation from 1999 to 2006, Prior to this appointment he held the position of general secretary of the Southern African Clothing and Textile Workers Union for 6 years from 1994 to 1999. Jabu was appointed to the board of HCI as a non-executive director in October 2004. He also serves on the board of Tsogo Sun Holdings and HCI Coal. He was appointed to the Niveus board in January 2012.

Khutso Mampeule
BA, MSc, MBA
Khutso is the founder and chairman of Lefa Group Holdings, a black-owned and managed investment holding and consulting company. He previously served as group chief executive of the South African Post Office Limited, chief executive of Old Mutual Employee Benefits and chief executive officer of South African Express Airways. He was appointed to the Niveus board in April 2013.